British Indian Ocean Territory is about 1,257 times smaller than Panama.

Panama is approximately 75,420 sq km, while British Indian Ocean Territory is approximately 60 sq km, making British Indian Ocean Territory 0.08% the size of Panama. Meanwhile, the population of Panama is ~4.6 million people (4.6 million fewer people live in British Indian Ocean Territory).
Tip: This to-scale comparison of Panama vs. British Indian Ocean Territory uses the Mercator projection, which distorts the size of regions near the poles.
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